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News for 'finance minister'

Budget 2012: Letter to the Finance Minister from a salaried employee

Budget 2012: Letter to the Finance Minister from a salaried employee

Rediff.com16 Mar 2012

Find out what a salaried person wants from the finance minister.

The Blasphemous Idea Dhurandhar Promotes

The Blasphemous Idea Dhurandhar Promotes

Rediff.com16 Dec 2025

Dhurandhar's most dangerous idea is that Director Aditya Dhar envisions an Indian state run by a deep state -- an intelligence machinery not accountable to Parliament, courts, or voters. A future political system where unelected officials decide when Indian democracy is 'fit' to function, observes Syed Firdaus Ashraf.

'People Ask Why You Have To Be So Rigid'

'People Ask Why You Have To Be So Rigid'

Rediff.com17 Jul 2025

'It is not rigidity.' 'I am just sticking to what I believe very strongly in, particularly if you have been given an opportunity to serve the country....'

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Rediff.com15 Dec 2025

BJP sources said the formal process to elect current party President J P Nadda's successor will begin in mid-January, following Makar Sankranti, with Nitin Nabin expected to be the frontrunner to file his nomination.

Who will be the next finance minister?

Who will be the next finance minister?

Rediff.com2 Dec 2008

The country's new home minister, Palaniappan Chidambaram, today said he prefers a Congressman as his successor in the finance ministry, setting off speculation about the implication of his statement.

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

Lessons for the finance minister on phasing out of tax concessions

Lessons for the finance minister on phasing out of tax concessions

Rediff.com21 Mar 2016

It would perhaps make more sense if the finance ministry gave greater emphasis on the need for a similar exercise to phase out exemptions and concessions in indirect taxes like customs and excise.

Odisha Gives MLAs A 200% Pay Hike

Odisha Gives MLAs A 200% Pay Hike

Rediff.com23 Dec 2025

In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).

If you reject votes, I will reject funds: Ajit Pawar to voters

If you reject votes, I will reject funds: Ajit Pawar to voters

Rediff.com22 Nov 2025

The remarks drew flak from the Opposition, with Shiv Sena-UBT leader Ambadas Danve accusing Pawar of threatening voters.

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

India, Russia call for 'uncompromising' global fight against terrorism

India, Russia call for 'uncompromising' global fight against terrorism

Rediff.com5 Dec 2025

India and Russia have called for an uncompromising global fight against terrorism without hidden agendas and double standards. Prime Minister Narendra Modi asserted that the menace is a direct attack on the values of humanity.

Former J-K finance minister to launch new party on Sunday

Former J-K finance minister to launch new party on Sunday

Rediff.com6 Mar 2020

A new political party called the 'Jammu and Kashmir Apni (own) Party' (JKAP) will be launched on Sunday and will be led by former state finance minister Syed Altaf Bukhari, with the primary aim of proving "relief to people who have been facing uncertainty since August 5 last year". This will be the first political activity in Jammu and Kashmir after August 5 last year, when the Centre withdrew the special status of the erstwhile state and bifurcated it into Union territories of Jammu and Kashmir, and Ladakh.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Bindra report exposes flaws in India's sports administration

Bindra report exposes flaws in India's sports administration

Rediff.com30 Dec 2025

'Neither SAI nor state departments have a dedicated sports administration service. Instead, roles are filled by generalist civil servants or contractual staff, often lacking sector-specific expertise.'

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

Rediff.com7 Sep 2025

'Ek baar aap GST dekh lo!' - Prime Minister Narendra Modi's gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning of a mammoth exercise to overhaul the tangled goods and services tax regime. And the final outcome is a significantly simplified system with lower tax rates and easier compliance for businesses.

Former financial official executed in China over $ 57 mn bribery case

Former financial official executed in China over $ 57 mn bribery case

Rediff.com9 Dec 2025

China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0

Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0

Rediff.com8 Sep 2025

To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess GSTN's preparedness and the time it would take to implement technological changes required in the software systems.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

MGNREGA bulldozed, right to work demolished: Sonia

MGNREGA bulldozed, right to work demolished: Sonia

Rediff.com22 Dec 2025

This comes a day after President Droupadi Murmu gave her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, which replaces the MGNREGA and has a provision for 125 days of wage employment for rural workers.

Bihar Polls: Makhana Turns Into Political Hot Potato

Bihar Polls: Makhana Turns Into Political Hot Potato

Rediff.com10 Nov 2025

As it gains commercial viability, the food will likely become a powerful political currency.

India a 'stabilising force';can withstand external shocks: Sitharaman

India a 'stabilising force';can withstand external shocks: Sitharaman

Rediff.com3 Oct 2025

Finance Minister Nirmala Sitharaman on Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks.

Bhagoda economics: Cong slams Modi govt over Mallya's Jaitley claim

Bhagoda economics: Cong slams Modi govt over Mallya's Jaitley claim

Rediff.com6 Jun 2025

The Congress shared a video clip from a recent podcast Mallya did with social media influencer Raj Shamani in which he claimed he had informed Jaitley before leaving India in 2016.

Vijay praises BJP-partnered Puducherry government

Vijay praises BJP-partnered Puducherry government

Rediff.com9 Dec 2025

Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

Kerala assembly adjourned indefinitely amid demand for finance minister's sacking

Kerala assembly adjourned indefinitely amid demand for finance minister's sacking

Rediff.com23 Mar 2015

With the Communist Party of India-Marxist-led Left Democratic Front Opposition continuing its stir against Finance Minister K M Mani, facing bribery charges in bar scam, the Kerala assembly on Monday adjourned sine die on a stormy note after passing the finance and appropriation bills without a discussion.

CBI suffers setback as court frees Rubaiyya Sayeed kidnapping accused

CBI suffers setback as court frees Rubaiyya Sayeed kidnapping accused

Rediff.com2 Dec 2025

A special court has released Shafat Ahmed Shangloo, arrested by the CBI in connection with the 1989 kidnapping of Rubaiyya Sayeed. The court denied the CBI's request for custody, noting his absence in the charge sheet.

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Rediff.com12 Mar 2018

"It (JK) is not a political issue as far as I can see. They have been barking up the wrong tree for the last 50 or 70 years by talking about the politics of it, that the political situation has never improved. We seriously need to look at in terms of how it is a society that is in search for itself," Drabu had said at an event organised by the PHD Chamber of Commerce and Industry in New Delhi on Friday.

Sensex jumps over 513 points on buying in IT stocks

Sensex jumps over 513 points on buying in IT stocks

Rediff.com19 Nov 2025

From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Hindustan Unilever, Sun Pharma and Titan were among the biggest gainers. In contrast, Tata Motors Passenger Vehicles, Maruti, Adani Ports and Bajaj Finance were among the laggards.

Google plans $15 bn AI hub in Visakhapatnam

Google plans $15 bn AI hub in Visakhapatnam

Rediff.com14 Oct 2025

Google plans to invest $15 billion over the next five years in setting an artificial intelligence hub in Visakhapatnam, a senior official of the company said on Tuesday.

Pak turns to ADB for $7 bn railway funding after China backs out

Pak turns to ADB for $7 bn railway funding after China backs out

Rediff.com29 Aug 2025

Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'

India Inc's wishlist for the finance minister

India Inc's wishlist for the finance minister

Rediff.com7 Jul 2014

The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.

Send your Budget wishlist to the Finance Minister!

Send your Budget wishlist to the Finance Minister!

Rediff.com22 Sep 2015

The preparations for the next Budget have already started.

Fadnavis downplays Ajit Pawar's fund remarks; denies rift with Shinde

Fadnavis downplays Ajit Pawar's fund remarks; denies rift with Shinde

Rediff.com23 Nov 2025

Maharashtra Chief Minister Devendra Fadnavis addressed concerns about discriminatory fund allocation and reports of a rift with Deputy CM Eknath Shinde, dismissing both as unfounded.

Sensex down 278 points; Nifty ends below 26,000

Sensex down 278 points; Nifty ends below 26,000

Rediff.com18 Nov 2025

Among Sensex firms, Tech Mahindra, Infosys, Bajaj Finance, Bajaj Finserv, Eternal, Adani Ports, Hindustan Unilever and Bharat Electronics were the major laggards. However, Bharti Airtel, Axis Bank, Asian Paints and Titan were among the gainers.

Why Harsh Sanghvi Is So Important For Gujarat BJP

Why Harsh Sanghvi Is So Important For Gujarat BJP

Rediff.com21 Oct 2025

'He is a man of action and goes to the ground and solves the problem.' 'Be it the Air India crash of Ahmedabad, Morbi bridge collapse, Deesa blast or Gambhira bridge collapse, he is on the spot.'

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